pyra-proxy
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October 28, 2013, 03:48:20 PM |
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How about doing some promotion in "Bitcoin Forum > Bitcoin > Mining > Pools" forum to drum up some business. I'm think many Bitcoin miners don't know you are here hidden in "Alternate cryptocurrencies"
I'm kind of in the school of thought... why not back the BTC portion of this pool with p2pool or eliopool so that the variance will be reduced and rewards are more likely (of the 2 Eliopool seems to have the greater hash rate on network but either are good and both are growing and they both payout directly to where you want the funds as if you were solo pool mining) Then the advantages of this pool are magnified because the BTC portion is comprable to mainstream pools with the added bonus of "coin hopping" when other coins are more profitable.
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flound1129 (OP)
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October 28, 2013, 04:13:49 PM |
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Really there is no point for us to be "solo" mine btc on this small pool vs something like BTC Guild/etc that solves blocks in minutes. Not weeks. Sorry not trying to be rude or anything, just a fact this new 391 million diff just made it even harder to find a block, mining btc requires a huge amount of hashing power, something that is seriously lacking here.
So please lets get back to mine the most profitable "alt" coin.
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No, we're not retreating into alts. We are a Bitcoin pool now. The challenge is to grow our hashrate. There is loads of ASIC hashpower coming online now, and I know that some of those people will want to maximize their profits. We just need to let them know we are out here. How about doing some promotion in "Bitcoin Forum > Bitcoin > Mining > Pools" forum to drum up some business. I'm think many Bitcoin miners don't know you are here hidden in "Alternate cryptocurrencies" I have a thread in the Pools section already and we're added to the "List of Pools" post.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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TheQuin
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October 28, 2013, 04:35:59 PM |
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Really there is no point for us to be "solo" mine btc on this small pool vs something like BTC Guild/etc that solves blocks in minutes. Not weeks. Sorry not trying to be rude or anything, just a fact this new 391 million diff just made it even harder to find a block, mining btc requires a huge amount of hashing power, something that is seriously lacking here.
So please lets get back to mine the most profitable "alt" coin.
Icon
No, we're not retreating into alts. We are a Bitcoin pool now. The challenge is to grow our hashrate. There is loads of ASIC hashpower coming online now, and I know that some of those people will want to maximize their profits. We just need to let them know we are out here. How about doing some promotion in "Bitcoin Forum > Bitcoin > Mining > Pools" forum to drum up some business. I'm think many Bitcoin miners don't know you are here hidden in "Alternate cryptocurrencies" I have a thread in the Pools section already and we're added to the "List of Pools" post. Cool, I found it eventually https://bitcointalk.org/index.php?topic=311067 Needs some bump, help Flound out guys.
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flound1129 (OP)
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October 28, 2013, 04:41:21 PM Last edit: October 28, 2013, 05:34:15 PM by flound1129 |
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How about doing some promotion in "Bitcoin Forum > Bitcoin > Mining > Pools" forum to drum up some business. I'm think many Bitcoin miners don't know you are here hidden in "Alternate cryptocurrencies"
I'm kind of in the school of thought... why not back the BTC portion of this pool with p2pool or eliopool so that the variance will be reduced and rewards are more likely (of the 2 Eliopool seems to have the greater hash rate on network but either are good and both are growing and they both payout directly to where you want the funds as if you were solo pool mining) Then the advantages of this pool are magnified because the BTC portion is comprable to mainstream pools with the added bonus of "coin hopping" when other coins are more profitable. I looked at p2pool but I'd have to do a bit of development to log the shares in the DB. It wasn't something I was up to. Eloipool may be an option. I thought it was just a pool server, I had no idea it was a way of aggregating hash. Can you explain a little further how it works? I don't see anything in the readme about doing this. Edit: I just spoke to Luke-Jr and he told me that that feature of Eloipool was never finished..
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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guitarplinker
Legendary
Offline
Activity: 1694
Merit: 1024
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October 28, 2013, 09:40:08 PM |
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I have an idea to make multipool a more attractive bitcoin pool: Keep the 1.5% fee on all pools except the bitcoin pool, and have 0% fee there.
If budget allows (server costs would still be covered + enough for your work) I think that would attract more folks to the pool to mine bitcoins.
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TheQuin
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October 28, 2013, 09:46:42 PM |
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I have an idea to make multipool a more attractive bitcoin pool: Keep the 1.5% fee on all pools except the bitcoin pool, and have 0% fee there.
If budget allows (server costs would still be covered + enough for your work) I think that would attract more folks to the pool to mine bitcoins.
+1 Maybe just until the 1st block is found, or for a month or whatever. Then advertise it and get them rolling in!
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bronan
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October 28, 2013, 10:17:46 PM |
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ppcoin has already 41.6 Th mining at it tried to get a block with 190 Gh .... not got any so all coins are swarmed by deperate miners trying to make some money
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disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
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October 29, 2013, 12:16:17 PM |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
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12gaFacelift
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October 29, 2013, 12:27:16 PM |
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Web site offline again?
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pyra-proxy
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October 29, 2013, 01:20:47 PM |
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I looked at p2pool but I'd have to do a bit of development to log the shares in the DB. It wasn't something I was up to.
Eloipool may be an option. I thought it was just a pool server, I had no idea it was a way of aggregating hash. Can you explain a little further how it works? I don't see anything in the readme about doing this.
Edit: I just spoke to Luke-Jr and he told me that that feature of Eloipool was never finished..
Did he give any insight as to how long or how hard it would be to get that updated for you? It's a really good motivation because Eliopool from what I understand is backed by the power of Eligius which is a top contending pool at the moment. I'm sure he'd appreciate any hash power backing their system as well as us needing something to drop our variance/luck factors down to tolerable levels. Bitcoin miners can't gamble with their hash rate anymore because many are afraid of loosing/having lost their opportunity to ROI their hardware at all so a pool with such high variance (fee or no fee will be unattractive to most). Just my 0.0001 BTC....
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flound1129 (OP)
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October 29, 2013, 11:17:01 PM |
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I looked at p2pool but I'd have to do a bit of development to log the shares in the DB. It wasn't something I was up to.
Eloipool may be an option. I thought it was just a pool server, I had no idea it was a way of aggregating hash. Can you explain a little further how it works? I don't see anything in the readme about doing this.
Edit: I just spoke to Luke-Jr and he told me that that feature of Eloipool was never finished..
Did he give any insight as to how long or how hard it would be to get that updated for you? It's a really good motivation because Eliopool from what I understand is backed by the power of Eligius which is a top contending pool at the moment. I'm sure he'd appreciate any hash power backing their system as well as us needing something to drop our variance/luck factors down to tolerable levels. Bitcoin miners can't gamble with their hash rate anymore because many are afraid of loosing/having lost their opportunity to ROI their hardware at all so a pool with such high variance (fee or no fee will be unattractive to most). Just my 0.0001 BTC.... Luke-Jr runs Eligius.. The idea I got was that he's not really interested.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129 (OP)
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October 29, 2013, 11:18:11 PM |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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guitarplinker
Legendary
Offline
Activity: 1694
Merit: 1024
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October 30, 2013, 01:05:00 AM |
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Well I've added 1.3GH/s to the bitcoin pool with my block erupters that came in today. Just need to wait for my USB fan + hub to come in to cool them, they get very hot and right now I've ghetto-rigged a 140MM fan outside my PC case to cool them off.
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TracerX
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October 30, 2013, 01:31:27 AM |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore. Kill it.
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Icon
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October 30, 2013, 03:03:24 AM Last edit: October 30, 2013, 04:55:50 AM by Icon |
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well we spent a whole 2 mins on Zet coin today , plus side glade we mined some trc today and finally got off btc, lol thought the whole idea of mining multipool was find the most profitable coin , how can mining the hardest coin be the most profitable?
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Hippie Tech
aka Amenstop
Legendary
Offline
Activity: 1624
Merit: 1001
All cryptos are FIAT digital currency. Do not use.
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October 30, 2013, 04:10:47 PM |
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well we spent a whole 2 mins on Zet coin today , plus side glade we mined some trc today and finally got off btc, lol thought the whole idea of mining multipool was find the most profitable coin , how can mining the hardest coin be the most profitable? Isn't it GREAT how a CENTRALIZED authority decides everything for you ? OMG its .. out with the old school.. in with more old school.
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skyhigh2004
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October 30, 2013, 08:40:59 PM |
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well we spent a whole 2 mins on Zet coin today , plus side glade we mined some trc today and finally got off btc, lol thought the whole idea of mining multipool was find the most profitable coin , how can mining the hardest coin be the most profitable? Isn't it GREAT how a CENTRALIZED authority decides everything for you ? OMG its .. out with the old school.. in with more old school. Good lord your still trolling these pools' threads? Have you actually contributed anything constructive to any thread you have posted in ever?
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BTC:157BZV5z5dEdEoE5KSr5D7CQGXamLpsZ7n LTC:LYCf5PnQpXCCmpR4ka3mR8DFDe5hKhTdfc MEC:MAgTT8QdhVCkgHTkUoKvs4w1TQvv3NU99v DGC:D8Ubh9oYTpSe1HEBptY8wf6ZrPpj7bhkV5 FTC:6hb1VsGzkej4kSsssGA4FMnkCoVp7PLi8D PXC:PqQwQKJoYxGSVrKtVfDa5aaJVL9Yevhb2b
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paulm
Member
Offline
Activity: 104
Merit: 10
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October 30, 2013, 09:04:56 PM |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore. Autosell wasn't working for all coins but they seem to have fixed it now. Why would you dump PXC? It's more often profitable than LKY.
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flound1129 (OP)
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October 30, 2013, 10:08:07 PM |
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well we spent a whole 2 mins on Zet coin today , plus side glade we mined some trc today and finally got off btc, lol thought the whole idea of mining multipool was find the most profitable coin , how can mining the hardest coin be the most profitable? Isn't it GREAT how a CENTRALIZED authority decides everything for you ? OMG its .. out with the old school.. in with more old school. We add about 1000 more miners to each coin we mine (while we're mining it). In addition, we're mining at the time when the difficulty is lowest (and thus the coins are most vulnerable to a 51% attack.) If that doesn't fit your definition of decentralization, I don't know what would.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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flound1129 (OP)
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October 30, 2013, 10:09:28 PM |
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Can we stop mining PXC because autosell never works on cryptsy and it's not worth my time to sell digits of pxc for 500 satoshis each.
I've actually been considering dumping it recently. It's a scamcoin to begin with, and the recent ordeal with PhenixEx makes me think that it really shouldn't be around anymore. Autosell wasn't working for all coins but they seem to have fixed it now. Why would you dump PXC? It's more often profitable than LKY. I was considering dumping it because the dev is a confirmed scammer and has basically vanished from the boards, but it appears it's been taken over by a new dev who will be hard forking it within the next few weeks. So we'll see where it goes from there.
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Multipool - Always mine the most profitable coin - Scrypt, X11 or SHA-256!
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